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FxWirePro: BTC/EUR faces trend line resistance around 386, good to buy at dips

Dec 09, 2015 11:24 am UTC| Technicals Digital Currency

BTC/EUR has broken resistance 370 and jumped till 386and it is currently trading around 384. On the higher side minor resistance is around 386 (trend line joining 320.69 and 362.77) and break above targets...

FxWirePro: USD/CAD faces strong support around 1.3550, good to buy at dips

Dec 09, 2015 10:23 am UTC| Technicals

USD/CAD has retreated till 1.3550 and slightly recovered from that level. It is currently trading around 1.3600. Intraday trend is slight bullish as long as support 1.3550 holds. Any break below 1.3550 (9 day 4 H...

AUD/JPY breaks below major support at 88.40, drop till 87.40 likely

Dec 09, 2015 09:59 am UTC| Technicals

Our AUD/JPY short call (link below) has reached targets. We see further downside for the pair. Major trendline support at 88.40 has been breached, the pair is now set to test 87.38 (38.2% Fib of 81.97 to 90.72...

FxWirePro: GBP/JPY takes support near trend line, good to sell on rallies

Dec 09, 2015 09:24 am UTC| Technicals

Major support -183.60 (trend line joining 184.32 and 183.97) GBP/JPY has taken support near trend line support 183.76 and slightly recovered from that level. Short term trend is still weak as long as resistance 185.20...

FxWirePro: NZD/JPY bears don’t like 82.75 region, retesting 79.647 is underway

Dec 09, 2015 09:13 am UTC| Technicals

It seems like bears are uncomfortable with 82.75 levels and as soon as it touches, immediate steep rejections would be seen. On weekly chart, the pair decline from 83.036 (this weeks highs) to 81.256, it is now most...

FxWirePro: CAD/JPY faces strong support around 90, good to sell on rallies

Dec 09, 2015 08:46 am UTC| Technicals

Major support - 90.58 (28th Oct low) The pair has broken major support 90.58 and declined till 90.13. It is currently trading around 90.43 Short term trend is still weak as long as resistance 91.50 holds. On the...

FX Hedging Strategy Series

FxWirePro: AUD and NZD HY vols in sync with forecasts, gamma spreads lures during Feds cycle in Q1 and Q2 of 2016

Dec 09, 2015 08:28 am UTC| Technicals

Aussie dollar has been front runner in terms of leading higher implied volatilities (see table showing IVs of ATM contracts), this pair has been consistently showing higher implied volatilities when youve to compare this...

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